Question : It refers to a system in which foreign exchange rate is determined by market forces in central bank influence the exchange rate.

Option 1: Fixed exchange rate system

Option 2: Flexible exchange rate system

Option 3: Managed floating rate system

Option 4: None of the above.

Question

Question : It refers to a system in which foreign exchange rate is determined by market forces in central bank influence the exchange rate.

Option 1: Fixed exchange rate system

Option 2: Flexible exchange rate system

Option 3: Managed floating rate system

Option 4: None of the above.

Team Careers360 · Accepted Answer

Correct Answer: Managed floating rate system

Solution : Managed floating rate system refers to a system in which foreign exchange rate is determined by market forces and central bank influences the exchange rate.
Hence Option C is correct.

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Question : It refers to a system in which foreign exchange rate is determined by market forces in central bank influence the exchange rate. Option 1: Fixed exchange rate system Option 2: Flexible exchange rate system Option 3: Managed floating rate system Option 4: None of the above.

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Question : It refers to a system in which foreign exchange rate is determined by market forces in central bank influence the exchange rate.

Option 1: Fixed exchange rate system

Option 2: Flexible exchange rate system

Option 3: Managed floating rate system

Option 4: None of the above.